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| Good morning and happy Tuesday, Daily Money readers. Hope your post-holiday re-entry went smoothly. Jayme Deerwester back with you. |
| Former Theranos CEO Elizabeth Holmes was convicted on four counts of fraud and conspiracy Monday, ending a lengthy trial that has captivated Silicon Valley. From 2010 to 2015, Holmes was a Silicon Valley sensation, and her fortune was once estimated at $4.5 billion. |
| She had raised $900 million in funding based on a false promise that Theranos' technology would revolutionize health care with simple, cheap and easily accessible blood testing, requiring only a finger prick instead of multiple vials of blood to check for multiple health issues. Holmes, 37, could face up to 20 years in federal prison. |
| On to ... |
| 💡 TODAY'S INSIGHT: Looking to trim your wireless expenses in 2022? Your wireless carrier's site won't advertise this possibility, but you can drop your service and keep using its network by switching to a reseller that uses the same company's network, such as Visible (Verizon), Metro (T-Mobile) or Cricket and Consumer Cellular (AT&T). But you have to be prepared to live without some perks. |
| Other stories you won't want to miss: |
| Are flights still being canceled? Yes. More than 1,100 cancellations so far Tuesday. |
| 'That's what I get for $7,500?' Used-car buyers balk at astronomical prices. |
| Food news. Starbucks brings back the pistachio latte; Chipotle rolls out plant-based chorizo. |
| Turning 65 in 2022? You're eligible to claim Medicare and Social Security. But should you? |
| End of an era. Royal Caribbean Group's Richard Fain steps down after 33 years as CEO. |
| MOOD MUSIC. Today's song comes from Pink Floyd's David Gilmour and goes out to anyone who found themselves stuck in an airport over the past few days: "There's no way out of here. When you come in, you're in for good." |
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